SIGNIFICANT FUNDS FOR ISRAEL. RELATIVELY LOW COST FOR PARTICIPANTS.

FINANCE A FLOATING RATE LIBOR BOND:

HOW IT WORKS:

Apply to a participating bank for a loan in the amount of the desired denomination

Upon approval, your Israel bond is assigned to the bank as collateral

The State of Israel sends the interest directly to the bank

You pay the difference between the interest paid by Israel and the amount of interest due on the loan, usually a fixed amount for the duration of the loan

When the bond reaches maturity, the proceeds are paid to the bank and your payment obligations are complete

TERMS & CONDITIONS:

Each participating bank sets the specific terms for the loan. You will be asked to submit a current personal financial statement, tax returns for the last two years and additional information as requested. The bank may ask you to deposit and maintain, in an interest-bearing account, an amount equal to the sum to be paid over the course of the loan. Other conditions, such as an additional fixed amount, may also apply. Loan approval is at the sole discretion of the bank.